Sumitomo Mitsui Financial Group shares rise 5.54% intraday after US-Japan trade deal and digital bank partnership.
ByAinvest
Wednesday, Jul 23, 2025 11:40 am ET1min read
SMFG--
Sumitomo Mitsui Financial Group, Inc. surged 5.54% intraday, driven by the U.S.-Japan trade agreement announced on July 22, which lowered the tariff cap on Japanese imports to 15% from the previously planned 25%, and the formation of a digital banking joint venture with Money Forward on July 22.
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